HK Trade Finance Platform Qupital Expects Fiercer Market Competition In Three Years

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"The current competition in the [trade finance] market is actually not fierce… There is competition but there is still a long way to go, probably three years, before we can witness a market saturation in the SMEs (small and medium-sized enterprises)-focused trade finance field." said Qupital co-founder Andy Chan in a phone interview with China Money Network in April 2019.

Hong Kong-based online trade finance platform Qupital believes that companies in this field should get their companies combat-ready before a market saturation arrives in the next three years.

China Money Network

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